Search Results For Hotel
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ASCOTT REIT FORAYS INTO THE U.S WITH ACQUISITION OF PRIME NY PROPERTY
Press Release: Hotels — July 2nd, 2015
Ascott Residence Trust is expanding its footprint to the United States of America by acquiring the 411-key Element New York Times Square West hotel located in Midtown Manhattan for USD163.5 million (approximately S$220.7 million). The accretive acquisition at an EBITDA yield of 6.2% is expected to increase Ascott Reit’s distribution income in FY 2014 by USD0.8 million, translating to a rise in distribution per unit from 8.44 cents2 to 8.51 cents on a pro forma basis. This acquisition comes hot on the heels of Ascott Reit’s purchase of three quality serviced residences and four rental housing properties in Australia and Japan.. |
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SAVOR OFF-BEAT SICILY AT SANTA TECLA PALACE HOTEL
Press Release: Hotels — June 19th, 2015
Discover the Hidden Secrets of South-East Sicily, the Mysteries of Mt. Etna and get acquainted with the flavors of the real Sicilian Cuisine while enjoying the local hospitality at its best at Santa Tecla Palace Hotel. | |
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GOLF TOUR IN NEPAL WITH MARRON TREKS
Press Release: Tours — June 19th, 2015
Nepal can be divided into three geographical regions, each stretching from east to west across the country. The southernmost strip of land, the Terai, is bordered to the north by Himalayan foothills and to the south by the Ganges River. The area was originally covered with tropical vegetation, but has been almost completely converted to agricultural production. The Terai is now the breadbasket of Nepal and is covered with farms. The central section of Nepal is formed by the Mahabharat Chain, a range of mountains that reach modest altitudes of 2,000-3,000 meters.. |
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